UK GDP Beats Forecast at 0.4% M/M as Services and Manufacturing Drive July Growth

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UK GDP growth accelerated from 0.3% to 0.4% m/m in July, beating expectations for no growth. All three main sectors expanded on the month, with services up 0.4%, production up 0.2%, and construction up 0.1%. Over the three months to July, GDP also grew 0.4%, marking an eighth consecutive three-month expansion, although the composition was […]The post UK GDP Beats Forecast at 0.4% M/M as Services and Manufacturing Drive July Growth appeared first on ActionForex.